Venture capital companies are facing a tougher fundraising environment, as U.S.-based investors have grown wary following the banking crisis that started in March. (Source photo by Reuters)
Market Spotlight

ASEAN's VC 'funding winter' worsens on Grab, GoTo slowdown

Wary venture capital investors slash valuations of startups as interest rates rise

5 June 2023
Japan's tax revenue for fiscal 2022 is expected to hit a record 70 trillion yen (around $500 billion), but many businesses are still struggling with the upheaval caused by the coronavirus pandemic. 
Datawatch

Japan's $500bn puzzle: Why are tax revenues surging amid slow growth?

Fiscal 2022 collection likely to hit record as 'K-shaped' recovery deepens

3 June 2023
Chinese companies are pumping money into artificial intelligence, hoping tools such as Baidu's Ernie Bot can rival the likes of OpenAI's ChatGPT. (Source photos by AP) 
Business Spotlight

AI frenzy sweeps China as companies search for their own ChatGPT

Money is no object as investors big and small rush into chatbot technology

2 June 2023
Russia's war in Ukraine has disrupted the global maize market, persuading Xi Jinping that food self-sufficiency is just as important as technological self-sufficiency. (Nikkei montage/Getty images and Yusuke Hinata)
China up close

Analysis: For Xi, China's diet is too dependent on U.S., Ukraine

Beijing now wants more farms than forests in reversal of policy

1 June 2023
Interdependence between Taiwan, China and the U.S., particularly in the tech industry, has deepened even as the prospect of cross-strait conflict rises.
The Big Story

How Taiwan became the indispensable economy

Tech companies fear war but struggle to leave the island

31 May 2023
(Screenshot from Pinglu Canal Group footage)
Asia Insight

China's massive new canal aims for closer ASEAN connectivity

G-7 nations are not the only ones 'de-risking' as global trade tensions mount

30 May 2023
Foreigner nationals, especially from China, have shown unwavering interest in Singapore's residential property market. (Source photo by Reuters) 
Market Spotlight

Singapore property market heats up, squeezing expat renters

Chinese investors may shrug off higher stamp duty imposed on foreign buyers

29 May 2023
Electric cars get the limelight but electric scooters may be key to ditching fossil fuels in places like Vietnam, one of the world's biggest motorbike markets. (Photo by Lien Hoang)
Business Spotlight

Vietnam EV startup powers Grab, Lazada delivery via battery 'ATMs'

Can speed, cost of swap network used by Viettel, Baemin conquer motorbike land?

26 May 2023
Volodymyr Zelenskyy and Xi Jinping have myriad considerations to weigh before they can agree to meet and talk about ending Russia's war in Ukraine. (Nikkei montage/Kyodo/Yusuke Hinata)
China up close

Analysis: How Zelenskyy sparked speculation he was on his way to meet Xi

Face-to-face meeting will depend on China's acceptance of Ukraine's conditions

25 May 2023
Warren Buffett, the 92-year-old CEO of U.S. investment company Berkshire Hathaway, is increasing his stake in Japan and moving away from Chinese investments as Sino-American tensions mount. 
The Big Story

Warren Buffett's shifting Asian portfolio

Geopolitics push 'Oracle of Omaha' to move away from China and invest in Japan

24 May 2023
Indonesia's President Joko Widodo hopes banning exports of raw bauxite and other minerals will draw investment to the country.
Asia Insight

Indonesia bets on critical mineral export bans as deadline nears

History of policy flip-flops could hamper climb up resource value-chain

23 May 2023
Bullish investors argue that the Nikkei Average could go even higher this year given the valuations of Japanese companies. (Source photo by Tomoki Mera) 
Market Spotlight

Japan stocks soar as global investors applaud governance changes

'This is no longer foreigners versus Japanese people,' activist says

22 May 2023
Japan's rigid labor market limits the pool of potential job switchers, posing a serious obstacle to broader wage increases.
Datawatch

Surge in job hopping boosts Japanese wages

One in three workers saw salary increases of 10% or more after switching jobs

20 May 2023
Telcos and tech firms are investing in subsea cable to meet surging demand in Asia. (Photo courtesy of NEC)
Business Spotlight

Asia's internet cable projects delayed by South China Sea tensions

Telcos and tech giants look to bypass region as Beijing presses territorial claims

19 May 2023
Volodymyr Zelenskyy, left, has Xi Jinping and Vladimir Putin wondering what his next move will be. (Nikkei montage/Sputnik/Reuters, European Union 2023/Reuters, and AP)
China up close

Analysis: Macron's labeling of Russia as 'vassal state' goes viral in China

Xi Jinping tries to obscure G-7 summit by sending envoys to Ukraine

18 May 2023
Japanese Prime Minister Fumio Kishida poses for a portrait before an exclusive pre-G-7 interview with Nikkei in Tokyo on May 10. (Photo by Yuki Kohara)
The Big Story

Japan's G-7 test: Kishida pushes active foreign policy onto global stage

PM emphasizes importance of 'Global South' in maintaining international order

17 May 2023
South Korean President Yoon Suk Yeol has entered his second year as president. The question is whether he can spur growth in a sputtering economy.
Asia Insight

South Korea's weak growth tests Yoon's resolve to cut spending

Subsidy and patronage habits keep economy tied to inefficient old ways

16 May 2023
Walmart's Flipkart controlled 48% of the Indian online retail market last year, while Amazon had 26%. (Source photos by Reuters) 
Business Spotlight

Amazon falls behind Walmart in battle for India's online shoppers

Controversial $16 billion Flipkart deal gives Walmart an e-commerce edge

15 May 2023
Philippine Stock Exchange CEO Ramon Monzon says that without short-selling, the bourse is a "long only" market with limited appeal to foreign investors. (Photos by Jilson Tiu)
Market Spotlight

Philippine Stock Exchange pushes short-selling to lure hedge funds

Bourse chief Ramon Monzon says foreign investors want ways to manage risk

15 May 2023
Tokyo's nighttime businesses have been slower to recover than those of other major urban centers around the world.
Datawatch

Tokyo nightlife still not fully lit despite global COVID recovery

NASA data on luminosity shows city at 90% of pre-pandemic levels

13 May 2023
China's fragile economy has dictated that President Xi Jinping find a counter to the effectiveness of wolf-warrior propaganda. His solution? An open internet debate on the Taiwan issue. (Nikkei montage/Kyodo, Getty Images, Reuters)
China up close

Analysis: China's messaging machine tamps down Taiwan war hype

Wolf-warrior propaganda proves too effective, leaving authorities rattled

11 May 2023
Women in the southern Pakistani village of Molvi Suleman Jat gather to discuss their informal community savings program, which they use instead of formal bank accounts, in February. (Photo by Betsy Joles)
The Big Story

Pakistan's financial gender gap aggravates chronic poverty

With little access to bank accounts, women rely on one another to save

10 May 2023
The Ballet Cat electric vehicle by Ora. China has around 200 EV makers, a number some predict will fall sharply in the coming years. (Photo by CK Tan) 
Business Spotlight

China's EV industry braces for a shakeout as prices plunge

Local players face softer demand and competition from foreign makers

9 May 2023
The Philippines and the U.S. are expanding maritime cooperation, including joint patrols, with one analyst saying Manila's newfound assertiveness could "encourage other Southeast Asian claimants to be more confident in protecting their rights in the South China Sea."
Asia Insight

Philippines' Marcos muscles up ASEAN's South China Sea posture

China tensions loom over bloc summit as Malaysia asserts gas rights, Vietnam hones defense

9 May 2023
The Tokyo Stock Exchange's demand for "concrete action" plans pressures Japanese companies trading below book value. (Source photo by Kyodo)
Market Spotlight

Japanese companies embrace shareholder activism as never before

Low valuations coupled with rising payouts attract global investors

8 May 2023